Dear TradingView Community,
I wanted to share my analysis on EURAUD's recent price action and get your thoughts on the matter. As per my analysis, EURAUD has broken out of the trendline resistance, which can be considered the first sign of a bearish exhaustion and a possible bullish reversal. In addition, the price has broken the static resistance level, confirming my bullish bias towards the currency pair.
I would love to hear your insights and thoughts on the current EURAUD price action. Feel free to share your views in the comments section below.
Best regards.
I wanted to share my analysis on EURAUD's recent price action and get your thoughts on the matter. As per my analysis, EURAUD has broken out of the trendline resistance, which can be considered the first sign of a bearish exhaustion and a possible bullish reversal. In addition, the price has broken the static resistance level, confirming my bullish bias towards the currency pair.
I would love to hear your insights and thoughts on the current EURAUD price action. Feel free to share your views in the comments section below.
Best regards.